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Cable Update (GBPUSD)

  • #298,261
  • Jan 17, 2012 5:21am Jan 17, 2012 5:21am
Quoting _BBKing_
yes and i was the only one around FF *going long in 26 area* or maybe we were in 2, and i closed in loss my fukking long, went short, lost again, re went long and closed 2712 while my target was 2770-2800 at least.

just to say......
Sounds familiar...story of my life!
All systems of divination, like music itself,work through patterns.
  • #298,262
  • Jan 17, 2012 5:21am Jan 17, 2012 5:21am
at this level..... im doing best thing to do:
i go for a coffee - break and for lunch.

you think it had enough and go further up.
you think it go further up, and reverse to get the 5340 again.

imo it go more up.... but my coffee is waiting.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
90% of traders use TA, indicators and prediction
  • #298,263
  • Jan 17, 2012 5:24am Jan 17, 2012 5:24am
Quoting kaspopsicle
Sounds familiar...story of my life!
yes happen a lot of times to me...
i dont know if it was because i had a wrong entry or because i had a wrong exit plan on that trade.
market did a very confusing move down but all the way above 2650.

maybe...i was sleepy.
90% of traders use TA, indicators and prediction
  • #298,264
  • Jan 17, 2012 5:28am Jan 17, 2012 5:28am
Quoting kaspopsicle
Sounds familiar...story of my life!

we all do it..its the famous "if only" sentiment..i short euro and failed to take a risk of 5 pips, 5 measly friggin pips to lose out on a move of 2k pips

lets not go there

btw :- thanks pam for yur comment. xx
  • #298,265
  • Jan 17, 2012 5:32am Jan 17, 2012 5:32am
short since 5388, target on tl's & demand
flat pa actually can still go against.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 73 KB
Old Habits Die Hard.
  • #298,266
  • Jan 17, 2012 5:42am Jan 17, 2012 5:42am
Quoting _BBKing_
well..... im talking about an old experience: i never seen those money coming back. but, maybe i have been unlucky! or i found a bad person....
do what you think is better
this person is really mad at me this was his reply ( i can see youve taken my request to the forum. No problem, if you dont want to help you can keep your money and i sure hope itl last ) i don't mind helping but you know the old saying A FOOL AND HIS MONEY WILL SOON BE DEPARTED
  • #298,267
  • Jan 17, 2012 5:44am Jan 17, 2012 5:44am
Scalping this channel. UTL seems to be holding. Not going short untill i see clear break and momentum below 15374. btw. you're very welcome Nav. X
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (DFB).png Size: 7 KB
Click to Enlarge Name: US Dollar Basket (MAR-12).png Size: 7 KB
All systems of divination, like music itself,work through patterns.
  • #298,268
  • Jan 17, 2012 5:45am Jan 17, 2012 5:45am
Quoting PoundTrader
this person is really mad at me this was his reply ( i can see youve taken my request to the forum. No problem, if you dont want to help you can keep your money and i sure hope itl last ) i don't mind helping but you know the old saying A FOOL AND HIS MONEY WILL SOON BE DEPARTED

tell him i said "bounty hunt jacko"..friggin cheek

i saw a gispy on the road and the bitch was begging..i gave her 10p ..the bitch throw it at me..can u believe this..same attitude
  • #298,269
  • Jan 17, 2012 5:55am Jan 17, 2012 5:55am
Here is an interesting open positions analysis as at 11.20 GMT according to OANDA. Nearly 55% of the GU open positions were long compared to 49% of EU.
Attached Image (click to enlarge)
Click to Enlarge Name: Open Positions.JPG Size: 108 KB
  • #298,270
  • Jan 17, 2012 6:04am Jan 17, 2012 6:04am
Quoting kaspopsicle
Scalping this channel. UTL seems to be holding. Not going short untill i see clear break and momentum below 15374. btw. you're very welcome Nav. X
Itchy finger went short @15375.8
All systems of divination, like music itself,work through patterns.
  • #298,271
  • Jan 17, 2012 6:07am Jan 17, 2012 6:07am
Quoting kaspopsicle
Itchy finger went short @15375.8
be lucky..
  • #298,272
  • Jan 17, 2012 6:12am Jan 17, 2012 6:12am
Quoting Rasi
Here is an interesting open positions analysis as at 11.20 GMT according to OANDA. Nearly 55% of the GU open positions were long compared to 49% of EU.
i dont think this could help you in your decisions!
i mean: if all oanda traders are going wrong side??
anyway, interesting to give an eye!
90% of traders use TA, indicators and prediction
  • #298,273
  • Jan 17, 2012 6:13am Jan 17, 2012 6:13am
Quoting Shaggy_rock
short since 5388, target on tl's & demand
flat pa actually can still go against.
out just above target, await retrace to construct wider down channel.
Old Habits Die Hard.
  • #298,274
  • Jan 17, 2012 6:20am Jan 17, 2012 6:20am
Quoting PoundTrader
this person is really mad at me this was his reply ( i can see youve taken my request to the forum. No problem, if you dont want to help you can keep your money and i sure hope itl last ) i don't mind helping but you know the old saying A FOOL AND HIS MONEY WILL SOON BE DEPARTED
i never heard that saying!
anyway, money is money. if i would be billionaire and some one ask me some money, think i could do.
since im not billionaire, i dont have this problem!

when in the past i asked a friend (he is nearly billionaire!) to borrow me some 1-2k he answered me he really prefered to play and loose those money at the casino' instead of borrowing to some one!
this is a mad world!
90% of traders use TA, indicators and prediction
  • #298,275
  • Jan 17, 2012 6:20am Jan 17, 2012 6:20am
Quoting eqshack
why? we got positive news..maybe lil fall but im going long

6 min and BOE speaks and 12.00 we got german sentiment i think we go up


tight stoploss



adding hevy lot gbpaud with 15 stoploss


gbpaud got in from 1.4721 /STOPLOSS 1.4706 * Target atleast 200+300 pips and GBPUSD bought from 1.5362 and STOPLOSS BE and targeting 1.5440
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #298,276
  • Jan 17, 2012 6:22am Jan 17, 2012 6:22am
Quoting eqshack
gbpaud got in from 1.4721 /STOPLOSS 1.4706 * Target atleast 200+300 pips and GBPUSD bought from 1.5362 and STOPLOSS BE targeting atleast
You might be in for something there, today is definitely a change of sentiment day where trend reversals happen, this pair made a new all time low and I wouldn't be surprised if it stays untouched for months to come.
Good luck
Don't get mad, get even!
  • #298,277
  • Jan 17, 2012 6:29am Jan 17, 2012 6:29am
Quoting kaspopsicle
Itchy finger went short @15375.8
added @ 15386
All systems of divination, like music itself,work through patterns.
  • #298,278
  • Jan 17, 2012 6:36am Jan 17, 2012 6:36am
Quoting stulic
You might be in for something there, today is definitely a change of sentiment day where trend reversals happen, this pair made a new all time low and I wouldn't be surprised if it stays untouched for months to come.
Good luck
i was going to add if he get his target i see it being a great base to challenge 1.65 once 1.60 goes
  • #298,279
  • Jan 17, 2012 6:38am Jan 17, 2012 6:38am
Quoting stulic
You might be in for something there, today is definitely a change of sentiment day where trend reversals happen, this pair made a new all time low and I wouldn't be surprised if it stays untouched for months to come.
Good luck
uhm ok possible but a new low means also strong bearish.
for gbp aud to go up means GU must go more up than AU.
or AU go more down than GU.

actually AU is approaching a daily upper TL + supply area near 470 then next stop is 100 pips above.
looks to me that AU can go more up than GU actually, once broken 470
90% of traders use TA, indicators and prediction
  • #298,280
  • Jan 17, 2012 6:45am Jan 17, 2012 6:45am
Quoting _BBKing_
uhm ok possible but a new low means also strong bearish.
for gbp aud to go up means GU must go more up than AU.
or AU go more down than GU.

actually AU is approaching a daily upper TL + supply area near 470 then next stop is 100 pips above.
looks to me that AU can go more up than GU actually, once broken 470
u have to think the opposite keep saying this..think like a bank think like a big fish..if u want to buy to make money u need small fish biting yur bait..hence price moves down..the big fish then buy at discount..and opposite

the problems with the retail trader he has to be better than the big fish cause its about second guessing..also higher time frame suggest bullish moves..when u look at the things coming up in UK



regarding yur new low..unless its a follow through the signal is a failled bear move..in other words if price can make a new low then u have a good point otherwise bulls have taken control.

Anyways this is just my views..one speculator in a sea
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